American Century Short-Term Government Fund (TWAVX)
| Fund Assets | 199.28M |
| Expense Ratio | 0.80% |
| Min. Investment | $2,500 |
| Turnover | 298.00% |
| Dividend (ttm) | 0.32 |
| Dividend Yield | 3.38% |
| Dividend Growth | -8.80% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Nov 28, 2025 |
| Previous Close | 9.40 |
| YTD Return | 4.27% |
| 1-Year Return | 4.35% |
| 5-Year Return | 6.12% |
| 52-Week Low | 8.98 |
| 52-Week High | 9.41 |
| Beta (5Y) | 0.05 |
| Holdings | 85 |
| Inception Date | Jul 8, 1998 |
About TWAVX
American Century Short-Term Government Fund Class A is an actively managed mutual fund focused on generating high current income while maintaining the safety of principal. The portfolio primarily invests in short-duration U.S. government securities, including Treasury notes and agency instruments, aligning its interest-rate exposure with the Bloomberg U.S. 1–3 Year Government Bond Index as a benchmark reference. Its strategy emphasizes limited interest-rate risk through a short average maturity profile and broad exposure to high-quality government-backed debt, complemented at times by mortgage-backed securities subject to prepayment dynamics. The fund’s role in the market is to provide a conservative, liquid fixed income allocation for investors seeking income with lower volatility than intermediate- or long-duration bond funds, reflecting sensitivity to rate moves typical of short-term government strategies. Share class features, including sales charges and distribution arrangements, are designed for access through financial intermediaries, with expenses and availability detailed in the prospectus. Portfolio holdings are dominated by U.S. Treasury notes and cash equivalents, underscoring its high credit quality orientation and capital preservation focus within the short-term government bond category.
Performance
TWAVX had a total return of 4.35% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.64%.
Top 10 Holdings
54.51% of assets| Name | Symbol | Weight |
|---|---|---|
| U.S. TREASURY - United States Treasury Note/Bond 3.88 06/15/2028 | T | 15.46% |
| U.S. TREASURY - United States Treasury Note/Bond 3.75 12/31/2028 | T | 7.55% |
| U.S. TREASURY - United States Treasury Note/Bond 3.88 03/15/2028 | T | 6.82% |
| U.S. TREASURY - United States Treasury Note/Bond 4.25 03/31/2029 | T | 6.47% |
| State Street Bank & Trust Co - Fixed Income Clearing Corp 4.19 10/01/2025 | STBK | 4.53% |
| U.S. TREASURY - United States Treasury Bill 0.00 08/06/2026 | B | 3.36% |
| U.S. TREASURY - United States Treasury Note/Bond 0.75 04/30/2026 | T | 3.06% |
| U.S. TREASURY - United States Treasury Note/Bond 4.63 09/30/2028 | T | 2.73% |
| State of California 4.60% 04/01/2038 | CAS | 2.41% |
| Freddie Mac Multifamily Structured Pass Through Certificates 3.34 | FHMS | 2.12% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Nov 28, 2025 | $0.02344 | Nov 28, 2025 |
| Oct 31, 2025 | $0.02714 | Oct 31, 2025 |
| Sep 30, 2025 | $0.02467 | Sep 30, 2025 |
| Aug 29, 2025 | $0.02763 | Aug 29, 2025 |
| Jul 31, 2025 | $0.0267 | Jul 31, 2025 |
| Jun 30, 2025 | $0.02525 | Jun 30, 2025 |